Bank channel

The bank hired its first chief investment officer seven months after recruiting the former leader of a family office to a new post as national head of investments.

The regulator is concerned that Wells Fargo did not follow proper procedures in notifying former reps of their U5 filings and that the information contained in them was not correct.

The bank tapped a former State Street executive to take over the role from Terry Dolan, who was promoted to CFO.

The regulator was looking into allegations that he structured transactions in his personal bank account to avoid federal reporting requirements.

The sales mix for the wealth management business is shifting from commission-based to more fee-based products, which hurts revenue in the short term.

A well-rounded approach wins the day with the annual advisor ranking. No one-trick ponies allowed, as multiple metrics count toward advisors' scores, including AUM, production, growth and fee business.

The bank's digital investing service will be available online and by mobile phone through a partnership with robo adviser SigFig.

Next week, we'll unveil our annual Top Bank Advisers. In the meantime, see how you measure up to the leading advisers in the channel.

The regulator claimed the firm provided inaccurate historical weighted-average performance results to customers who used PortfolioBuilder2.

Whitley Hood declined to provide on the record testimony regarding allegations that she misappropriated funds from an affiliated bank.

In nearly every major banking issue during his 13 years in Congress, Hensarling has pushed toward the right. He blamed the Dodd-Frank Act for slow economic growth.

Daniel Farley will lead a team of wealth management professionals serving wealthy clients in the greater Minneapolis-St. Paul area.

Nunag will oversee client relationships, product development, marketing and sales in the New York City area.

The overwhelming majority are planning for the rule to go into effect as scheduled, with only 5% slowing down their preparations.